The Record-News completes its examination of Ringgold County property sales data for 2019 with a look at Sun Valley Lake.
The information is available on the Ringgold County assessor web page (http://ringgold.jel2.com/cgi/wiki.pl?Sales_Property_Cards).
In all, 72 property transactions were recorded at Sun Valley Lake in 2019. These include sales to single owners as well as shared sales among multiple owners.
Properties fell into four main categories: offshore vacant lots, onshore vacant lots, offshore homes, and onshore homes.
The combined transactions totaled just shy of $13.2 million, an average of $188,118 per transaction.
Offshore vacant lots were by far the least expensive at the lake.
A total of 27 transactions were recorded for offshore properties.
Ranging from a low of $1,000 for a single vacant lot to $492,715 for four parcels of multiple lots, the combined transactions totaled over $1.17 million, an average of $43,595 per sale.
As one might expect, onshore homes brought a premium price at Sun Valley Lake.
A total of 30 onshore homes changed or , in some cases, shared ownership.
Ranging from a low of $63,250 for a half-ownership to a high of $750,000 for a single ownership, onshore homes generated nearly $10.2 million in sales, an average of $339,842 per transaction.
Sun Valley Lake sales in 2019 exceeded ag land sales in the county by approximately $1 million.
